McQueen AnalyticsDecision intelligence + market research

Helios developer and infrastructure lessor

Galaxy Digital Inc.

Galaxy reports delivering the first Helios phase to CoreWeave under a 15-year lease.

Dated commitments & changes

operational update

Galaxy reports Phase I Helios delivery to CoreWeave

Galaxy announced delivery of Phase I and said rent began in Q2; Phase II civil and structural work was underway with deliveries expected in H1 2027.

133 MWPhase I critical IT load deliveredcritical IT loadHelios Phase Ireported deliveredGalaxy Digital ↗
≈200 MWPhase I gross powergross powerHelios Phase IapproximatelyGalaxy Digital ↗
Helios, West Texasphase1 delivered company report
Sources and context

Delivery is company-reported; GPU utilization was not independently checked. 133 MW critical IT and approximately 200 MW gross describe the same phase and must not be added.